According to the latest research, the bottled water market in Azerbaijan is poised to grow by USD 126.4 million during 2024-2029, progressing at a CAGR of 8% during the forecast period. Concerns over water quality are one of the primary drivers of growth in the bottled water market. Despite significant improvements in water treatment infrastructure, many consumers still perceive tap water as unsafe due to potential contamination from industrial pollutants, agricultural runoff, and aging municipal systems. These safety concerns drive the demand for bottled water, which is viewed as a more reliable and safer option.
Health and wellness trends are also crucial in shaping the country’s bottled water market. With the expansion of the middle class and increasing disposable incomes, consumers are becoming more health-conscious, seeking products that align with a healthy lifestyle. Bottled water, often marketed as pure and free from contaminants, fits well within this trend, making it a more popular choice compared to sugary or artificially flavored beverages.
Urbanization plays a significant role as well. Rapid urban development has led to a lifestyle that highly values convenience. Bottled water provides a convenient and portable hydration solution for the urban population, which is particularly important in busy metropolitan areas where easy access to clean drinking water is essential, leading to high demand for bottled water.
Economic growth and rising incomes further drive market expansion. As more people can afford premium products, there is a noticeable shift towards higher-quality bottled water brands that promise additional health benefits, such as mineral water or water enhanced with vitamins.
The report provides a comprehensive analysis of the Azerbaijan bottled water industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, pack type, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the bottled water sector.
Market Segmentation
The segmentation of the bottled water market in Azerbaijan is outlined below:
Product type: still water, sparkling water, functional and flavored water
Pack type: glass bottles, rigid plastic bottles, others
Distribution channel: convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, others
The Azerbaijan bottled water market is segmented on the basis of product type, pack type, and distribution channel. By product type, the bottled water market in Azerbaijan has been segmented into still water, sparkling water, and functional and flavored water. Based upon pack type, the bottled water market in Azerbaijan is categorized into glass bottles, rigid plastic bottles, and others. On the basis of distribution channel, the bottled water market in Azerbaijan has been segmented into convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, and others.
Competitive Landscape
The Azerbaijan bottled water market is highly competitive. The report also includes the profiles of leading companies such as Babek Sirab Ltd., Gedebey Mineral Sulari MMC, Gemigaya Mineral Waters LLC, IDS Borjomi OOO, JSC Healthy Water Inc., Marka Su Ve Su Urunleri Gida Temizlik Insaat Ltd. Sti. (Dalga Su), Nestle S.A., PepsiCo Inc., TAC LLC Company, The Coca-Cola Company, Uludag Icecek Turk A.S.
The report offers a comprehensive review of the Azerbaijan bottled water market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Azerbaijan bottled water market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Azerbaijan bottled water market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Azerbaijan bottled water market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewAzerbaijan bottled water market – product type analysis
Azerbaijan bottled water market – pack type analysis
Azerbaijan bottled water market – distribution channel analysis
Key players and market share
– Babek Sirab Ltd.
– Gedebey Mineral Sulari MMC
– Gemigaya Mineral Waters LLC
– IDS Borjomi, OOO
– JSC Healthy Water Inc.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Azerbaijan bottled water market 2019-2029
Chart Azerbaijan bottled water market, net growth, 2019-2029
Chart Azerbaijan bottled water market, growth rates, 2019-2029
Table Azerbaijan bottled water market by product type, 2019-2029
Chart Azerbaijan bottled water market by product type, CAGR historic and forecast, 2019-2029
Chart Azerbaijan bottled water market by product type, 2019-2029
Table Azerbaijan bottled water market by pack type, 2019-2029
Chart Azerbaijan bottled water market by pack type, CAGR historic and forecast, 2019-2029
Chart Azerbaijan bottled water market by pack type, 2019-2029
Table Azerbaijan bottled water market by distribution channel, 2019-2029
Chart Azerbaijan bottled water market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Azerbaijan bottled water market by distribution channel, 2019-2029
Table Azerbaijan bottled water market share (%), by companies, 2019-2023
Chart Azerbaijan bottled water market, by companies, 2023
Table Azerbaijan bottled water market share (%), by brands, 2019-2023
Chart Azerbaijan bottled water market, by brands, 2023
Table Azerbaijan – population (millions) and forecast
Table Azerbaijan – consumer price index (CPI) and forecast
Table Azerbaijan – gross domestic product and forecast
Table Azerbaijan bottled water market: spend as a proportion of GDP (%)
Table Azerbaijan bottled water market: consumption per capita (population)